Global Cosmetics Market by Product Type, Distribution Channel and Region – Forecast to 2023 – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Cosmetic Products Market – Segmented by Product Type (Hair Care Product, Skin Care Product, Oral Care Product, and Color Cosmetic Product), Distribution Channel, and Region – Growth, Trends, and Forecast (2018-2023) )” report has been added to from ResearchAndMarkets.com
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The global cosmetics market was valued at USD 532.43 billion in 2017 and is expected to reach a market value of USD 805.61 billion by 2023, registering a CAGR of 7.14% during the period 2018- 2023.

The cosmetics or beauty products industry, on a global scale, is a sector that remains impervious to hazards. Overall sales are affected in the event of an economic downturn. However, cosmetics sales can be counted on to maintain a certain overall volume. This is due to the continued and increasing use of the products by women, and increasingly by men around the world.

Highlights

  • The aging of the population is the main driver of the cosmetics market

  • E-commerce as a distribution channel is set to grow rapidly

  • Middle East and Africa Region Expected to Grow with Highest CAGR in Cosmetics Market

Market dynamics

Drivers

  • Innovation in packaging and design

  • Focus more on grooming and personal appearance

  • Aging of the population

  • Growth of e-commerce

  • Increase access to bottom-of-the-pyramid consumers

Challenges

  • New medical technologies for beauty enhancement

  • Volatile commodity prices

Opportunities

  • Growth in emerging markets

  • Growing demand for organic products

Featured companies

  • L’Oreal Group

  • Procter & Gamble

  • Beiersdorf AG

  • Avon Products Inc.

  • Unilever

  • Este Lauder Companies Inc.

  • Shiseido

  • Kao Corp.

  • Revlon inc.

  • Mary Kay Inc.

  • Yves Rocher

  • Oriflame Cosmetics Global S.A.

  • Alticor

Main topics covered

1. Introduction

2. Approach and research methodology

3. Executive Summary

4. Market dynamics

5. Global Cosmetics Market Segmentation

6. Supplier market share

7. Cosmetics Market Companies

8. Cosmetics Market Investment Analysis

9. Future of Cosmetics Market

For more information on this report, visit https://www.researchandmarkets.com/research/jg38k7/the_global?w=4

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